Technology

The Federal Reserve Bank of New York announced the launch of a tool designed to provide data on the housing recovery in the region.

In the United Kingdom, HSBC is responding to market demand by rolling out the financial institution's lowest-ever two-year fixed rate mortgage. Announcing the new offering, HSBC revealed that borrowers can secure a 1.99 percent fixed rate with a 40 percent deposit or home equity value.

In Pittsburgh, Pennsylvania, ServiceLink has appointed a new company leader, naming Kevin Coop as EVP of enterprise strategy. In his new role, Coop will head up business development for ServiceLink's originations and default sales teams, as well as coordinating the company's marketing group and product development strategy team.

The always-expensive Manhattan real estate market has gained a sky-high listing with an equally lofty price tag, with the former home of architect Paul Rudolph recently hitting the market for $27.5 million. According to Curbed, Rudolph is famous for creating "some of the country's best known Brutalist structures," and his legendary former residence boasts three spacious apartments which are now for sale collectively.

Cincinnati-based eLynx announced its compliance with all guidelines for obtaining electronic signatures on Form 4506-T, Request for Transcript of Tax Return.

Zillow, Inc., announced its sixth acquisition in the last two years. The company has entered into an agreement to buy San Francisco-based HotPads, a map-based rental and real estate search site. The $16 million deal is expected to close by the end of the year.

Launching a new division focused on mortgage banking, Hammerhouse LLC is expanding into the lending industry. The new unit, Tactical Ops Recruiting Quality (TORQ), will target the placement of operational and other non-sales professionals around the U.S.

Level1Loans and IntraPrise Solutions, Inc., announced a new joint venture to provide cloud-based mortgage valuation and other financial modeling software to owners and managers of mortgage and mortgage-related assets.

SharperLending LLC announced enhancements to its Appraisal Firewall platform with a new technical integration to American Reporting Company (ARC).

British crooner Robbie Williams has put his stateside pad in Beverly Hills, California, on the market. According to RealEstalker, Williams listed the expansive estate, which comes with its own soccer field, for $3.6 million.